Hermetica USDh
USDH

0.9977
$
0.01 %
Change 24h
Market Cap
$ 2,336,596
Volume 24h
$ 62,895
Circulating Supply
2,341,970
Total Supply
2,341,970
USDH
$
# Exchange Pair Price Volume 24h

Description

USDh is the first Bitcoin-backed, yield-bearing stablecoin on Bitcoin L1 and L2s. USDh consists of BTC coupled with a short perpetual futures position to create a synthetic dollar that is completely outside the fiat banking system. The short perpetual futures position generates up to 25% APY from funding rate payments which are passed on to users that stake USDh. Hermetica’s mission is to enable global financial freedom.